Founded in 2001, BlackLine Systems provides enterprise-class software used to automate and control the financial close process, including the complex and cumbersome account reconciliation process. The company delivers its application over the Internet through its BlackLine OnDemand Software-as-a-Service (SaaS) offering.

BlackLine has completed the Statement on Standards for Attestation Engagements No. 16 (SSAE 16) report – an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA) which sets guidelines for auditors to use in order to objectively assess the internal controls of service organizations. SSAE 16 effectively replaces the prior Statement on Auditing Standards No. 70 (SAS 70) as the authoritative guidance on service organizations. (BlackLine completed its original SAS 70 report in 2009.)

While undergoing the SSAE 16 audit, BlackLine also successfully completed an International Standard on Assurance Engagements No. 3402 (ISAE 3402) evaluation, showing that the company has the proper controls and processes in place to meet the stringent international audit and accounting reporting standards for service organizations, as set forth by the International Auditing and Assurance Standards Board (IAASB).

BlackLine offers a secure, state-of-the-art, hosted solution and provides all backups, disaster recovery, maintenance, support, etc. Both the BlackLine application and Rackspace data center have gone through successful SSAE 16/ISAE 3402 audits, giving clients even greater peace of mind that their data is safe and secure.

Headquartered in Los Angeles with offices in Atlanta, Chicago, London, New York, Portland, Ore. and Sydney, BlackLine delivers its services to companies around the globe.